Will average all deposits over last 12 months to calculate monthly income, and then depending on the type of business, apply an expense ratio. 

Weekly rent averages about $ 175 per week and I provide internet, utilities and a coin-op laundry. 

But if they are moving because of too many maintenance issues, that’s something you can (or at least could have) fixed.Think of it this way: Let’s say your average vacancy is two months between tenants (turnover and time to lease).

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

But it also comes with more risk in terms of evictions and damages - which you can never collect for.But STRs don't have any issues with evictions and damages are typically covered by the STR insurance or sometimes the Property Management company has its own insurance too.The other thing is that, on average, STRs tend to generate more income than LTRs. 

In a nutshell it is a cash flow industry with high yield (6% to 11% net pretax) affordable at USD$30K to $70K on average, and most importantly services are transparent.

Purchase price: $150,000 Cash invested: $150,000 Sale price: $187,500 Flipped approximately 550 homes over this time period with an average spread of approximately 25% What made you interested in investing in this type of deal?

An average property manager will cost you more than their fee but you should be able to make money with them.

You can also request the average property tax increases over the last 5 years to get an idea, but that’s not always a strong indication of future increases.

Additionally, before the GP stopped providing updates, they did imply that they were foregoing distributing available cash flow in favor of reinvesting into the property to make further updates that they felt would boost the average nightly rate they could get.The LP investment granted us shares in an LLC, which in turn owns the property.